For renters, we all know that with winter rolling in it’s time to think about the best way to save money and ensure that we’ve got as much money in our pockets as possible.
With the nights drawing in, we’re all thinking about keeping our homes warm and our cars fuelled, whilst we’ve all got an eye on Christmas too.
With that in mind, what areas can we take a look at to perhaps ensure we’re saving as much money as possible?
One area that many may not have considered is renewing certain essential costs and the influences that may lower the price that you might have considered.
Let’s take a look at a few of the areas that you could save money on this winter.
Save money on car insurance renewals
As the god of money-saving advice, Martin Lewis is the man for the top tips here, and he’s got loads of ways in which you can ensure that you get the cheapest possible price from your car insurance.
Firstly, never auto-renew your policy because insurance providers can usually not offer better prices for existing customers than they can for new customers, so it always pays to shop around and 9 times out of 10 it’s likely you’ll get a better price from a new provider.
Less obviously, research shows that 23 days before your policy is due to start provides you with the cheapest quotes. It’s not an exact science, of course, but if you want your insurance to start on, for example, the 1st of December, then the 3rd of November would be the best day to get quotes.
According to Lewis himself, adjusting your job title can potentially save you £100’s, saying “An illustrator is often cheaper than an artist, an editor cheaper than a journalist, and a PA cheaper than a secretary – the job title you choose when taking out insurance can sometimes save you cash.”
Finally, it may be worth adding a responsible driver as an additional driver to your policy as they may make your insurance cheaper.
TV, mobile and broadband deals
If you’re with Sky, Virgin or another TV company then check when your contract is up for renewal and prepare to save yourself some money. Similarly for your mobile contact, SIM only or broadband provider, you need to know when your contract ends.
If you’re out of contact then chances are you’re paying way over the odds and could save yourself some money.
If you’re negotiating on your TV, mobile or broadband then it helps to understand what you could get as a new customer elsewhere first of all, and then speak to the retentions or save department of the company you’re looking to haggle with. Let them know what other providers are preparing to offer you and challenge them to beat it. Most of the time they have the tools to do so.
One final thing to understand is that many of these providers offer all three services and it can often be cheaper to take all three with one provider.
We hope this article can help you save money in the run-up to Christmas. This is actually our latest in a series of articles covering numerous money-saving techniques, click here to read our previous tips!